EletiofeEnergy Firm launches innovation ecosystem development programme in Nigeria

Energy Firm launches innovation ecosystem development programme in Nigeria

-

- Advertisment -

An off-grid energy impact investment company, ‘All On’, on Monday, August 24, 2026, launched its Innovation Ecosystem Development Programme (AO-IEDP) aimed at supporting clean energy startups and entrepreneurs within the organisation’s hub.

The 12-month incubation and prototype development programme will provide technical expertise, hands-on development, access to appropriate equipment and facilities, mentorship and necessary support to the participants.

Flagging off the programme, the Chief Executive Officer of All On, Caroline Eboumbou stated that the exercise funded by Global Energy Alliance for People and Planet shall address a critical gap in Nigeria’s clean energy ecosystem by providing the technical and infrastructural support needed by promising ventures at the ideation and prototype development stage.

Eboumbou disclosed that 10 participating entities will receive hands-on technical guidance, venture creation training, mentorship and access to fabrication facilities to support the development and testing of their solutions.

According to her, “While access to capital remains important for growing energy businesses, many early-stage ventures require more than funding to turn an idea into a viable solution.

Innovation does not happen simply because someone has a good idea. It takes the right environment, the right technical support and the opportunity to build, test, and learn iteratively in the right conditions. With the All On Innovation Ecosystem Development Programme, we are addressing an important gap in the journey of early-stage clean energy ventures by giving entrepreneurs the practical support they need to move their ideas closer to real-world solutions.

We are proud to work with Global Energy Alliance to create this opportunity for innovators within the All On Hub ecosystem and to strengthen the pipeline of businesses that can contribute significantly to Nigeria’s clean energy future.”

Also speaking, Muhammad Wakil, Country Director, Nigeria, Global Energy Alliance for People and Planet, noted that ideas only become businesses when entrepreneurs have somewhere to build and test them.

His words: “The All On Innovation Ecosystem Development Programme gives ventures the facilities and mentorship to work through their solutions before they go looking for capital.

We expect the ventures coming out of this programme to raise funding faster, because investors will be backing prototypes that have already been through real testing, not just concepts on paper. That is the kind of pipeline Nigeria’s clean energy sector needs going forward.”

#FEATUREDPOST

Latest news

Palmer Luckey Made a Genetically Modified Military Dog Startup

A new startup launched today with the definitely not terrifying mission of creating genetically enhanced dogs for the United...

What to Know About Shamonda Virus Following the First Reported Human Infection

France confirmed the death of the first person infected with the Shamonda virus, which is known to affect cattle,...

The Google Home Speaker Has Been Secretly Eating My Wi-Fi Data

If you had to estimate how much data your smart speaker was using over the course of a couple...

The Social Society Helping Women Join the AI Boom

I’m not even going to try to pretend I don’t have a bit of a girl-crush on Shoshana Berger....
- Advertisement -

Inside the Exclusive Nathan Fielder Interview

This week, Brian Barrett and Leah Feiger speak with WIRED global editorial director Katie Drummond to go behind the...

Must read

Palmer Luckey Made a Genetically Modified Military Dog Startup

A new startup launched today with the definitely not...

What to Know About Shamonda Virus Following the First Reported Human Infection

France confirmed the death of the first person infected...
- Advertisement -

You might also likeRELATED
Recommended to you